SOLIZE Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	43	331	802	-	-
Depreciation & Amortization	363	229	210	-	-
Loss (Gain) From Sale of Assets	3	6	-	-	-
Loss (Gain) From Sale of Investments	34	78	74	-	-
Other Operating Activities	-174	-146	-354	-	-
Change in Accounts Receivable	-327	-359	-474	-	-
Change in Inventory	8	-129	49	-	-
Change in Accounts Payable	-3	280	49	-	-
Change in Other Net Operating Assets	-155	7	132	-	-
Operating Cash Flow	-208	297	488	-	-
Operating Cash Flow Growth	-	-39.14%	-	-	-
Capital Expenditures	-281	-290	-107	-	-
Cash Acquisitions	-1,076	-47	-	-	-
Sale (Purchase) of Intangibles	-436	-66	-31	-	-
Investment in Securities	-231	-297	-137	-	-
Other Investing Activities	-181	-18	-	-	-
Investing Cash Flow	-2,205	-718	-275	-	-
Issuance of Common Stock	116	1,617	-	-	-
Repurchase of Common Stock	-	-	-1,122	-	-
Common Dividends Paid	-246	-178	-170	-	-
Other Financing Activities	-51	-55	-47	-	-
Financing Cash Flow	-181	1,384	-1,339	-	-
Foreign Exchange Rate Adjustments	-2	47	24	-	-
Miscellaneous Cash Flow Adjustments	-1	-	1	-	-
Net Cash Flow	-2,597	1,010	-1,101	-	-
Free Cash Flow	-489	7	381	-	-
Free Cash Flow Growth	-	-98.16%	-	-	-
Free Cash Flow Margin	-1.90%	0.03%	1.90%	-	-
Free Cash Flow Per Share	-92.27	1.32	82.70	-	-
Cash Interest Paid	1	-	-	-	-
Cash Income Tax Paid	179	154	361	-	-
Levered Free Cash Flow	-939.5	146.5	253.63	-	-
Unlevered Free Cash Flow	-938.25	149	257.38	-	-
Change in Working Capital	-477	-201	-244	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.